Startups
Flutterwave gets major boost to its operations in Uganda as it finally secures a Payment Systems Operator (PSO) license from the Bank of Uganda. This will enable businesses in the...
Currency devaluation results in $1.9 billion in losses in the 2023 fiscal year
Payments and liquidity platform aims to solve trade deficits resulting from increasing demand for the dollar
Wattnow, a Tunisian startup specializing in AI-powered energy management solutions, has secured an undisclosed investment from Lateral Frontiers Venture Capital. The funding comes from Lateral Frontiers’ recently closed $28 million...
Inability to service debts, cash flow problems, and electricity stability cripple Hohm Energy
Bamburi‘s biggest shareholder has approved a $182.8 million buyout offer from the Amsons Group. Holcim, the shareholder company in question, is a Swiss construction materials manufacturing company. It has made...
The Venture firm insists it remains committed to "invest, grow and scale" African tech startups
Peleza, the Kenyan identity management startup has merged with YC-backed Prembly. The outcome of this merger is a new business entity known as the Prembly Group. The move follows a...
Connect Money Secures Funding For Northern African Expansion
Agricultural data analytics startup, Gro Intelligence has reportedly decided to shut down its operations in the United States of America. This comes on the heels of its difficulty of securing...
